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July 7, 2024

pseudo ties

PJM to Tighten Pseudo-Tie Rules Despite Stakeholder Pushback
PJM announced it would unilaterally file a controversial pseudo-tie rule change with FERC after stakeholders declined to endorse it.
PJM Markets and Reliability and Members Committees Briefs
Aside from endorsing some revisions, PJM stakeholders rejected or deferred votes at the Markets and Reliability Committee and Members Committee meetings.
PJM Market Implementation Committee Briefs
PJM officials briefed the Market Implementation Committee on the implications of FERC's lack of quorum.
PJM Operating Committee Briefs
The PJM Operating Committee discussed a recent performance assessment hour simulation and debated replacing a phase angle regulator.
PJM Markets and Reliability and Members Committees Briefs
PJM stakeholders agreed to update pseudo-tie rules, move quickly on efforts to reduce uplift and create a new Security & Resiliency Committee.
MISO Market Subcommittee Briefs
MISO may retire its Credit Settlements Working Group because of a lack of substantive work and stakeholder volunteers willing to chair the group.
PJM Market Implementation Committee Briefs
The PJM Market Implementation Committee endorsed two proposed Manual 11 revisions related to shortage pricing, both of which were developed in response to FERC Order 825.
PJM Operating Committee Briefs
The PJM Operating Committee learned that the RTO is expecting “typical” temperatures and almost 50 GW of capacity beyond its projected peak load this winter.
MISO Stakeholders Narrowly Support New Pseudo-Tie Rules
MISO’s Reliability Subcommittee last week narrowly approved a more stringent process for deciding on pseudo-tie requests.
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PJM, MISO Go Quiet on Pseudo-Ties; Reach Interface Pricing Accord
MISO and PJM have agreed not to publicly talk about the issue of pseudo-tie congestion double-counting until a FERC complaint on the issue is resolved.

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